Intellectual property rights is very important to prevent any company from stealing and copying your product.
For example, let's say that you invented a new nanotechnology that could cure a lot of illness and started to see good sales coming to your pocket.
Without intellectual property right, a bigger company with a lot more equity could simply make the exact same product and beat you in the competition because they can make the product cheaper.
Answer:
The answer is D. Accumulated depreciation
Explanation:
Accumulated depreciation is the sum total of the depreciation recorded for certain assets.
Answer:
c) Debit another asset account for $5,000
Explanation:
Data provided in the question
Debited an asset account = $5,000
And, the revenue account credited = $10,000
Based on the above information
As we know that
Accounting equation is
Total assets = Total liabilities + total stockholder equity
Since both the account has difference balance so to balance them we have to debit another asset of $5,000 so the total balance of asset is $10,000 i.e equal to the revenue account i,e $10,000
Hence, the correct option is c.
Answer:
the margin of safety ratio is 45%
Explanation:
The computation of the margin of safety ratio is shown below:
The Margin of safety ratio is
= (Actual sales unit - break even sales unit) ÷ (Actual sale unit)
= (80,000 units - 44,000 units) ÷ (80,000 units)
= 36,000 units ÷ 80,000 units
= 45%
Hence, the margin of safety ratio is 45%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
